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Author Topic: GM Gives The Feds An Early Holiday Gift: $140 Million  (Read 546 times)

Cougar man

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GM Gives The Feds An Early Holiday Gift: $140 Million
« on: November 30, 2009, 06:00:33 AM »
GM Gives The Feds An Early Holiday Gift: $140 Million
25 November 2009, 12:10 pm

Just last week, General Motors announced plans to speed up repayment of billions in loans from the U.S. government. Technically, the company's fast-track, $1 billion-per-quarter payback schedule doesn't kick in until December, but GM is getting a head start on things by returning $140 million right now. The cash comes from a $2.5 billion loan ..

Source: The Car Connection